onoeuqedol1902.blogspot.com
In exchange, the company also woulx have toinvest $17.w3 million “to renovate and build out new corporatd headquarters and operations facilities in the according to the resolution. The companty would expand its existing at 1551 SawgrassCorporate Parkway, said Norm Taylor, directore of Broward’s office of economic development. The jobs are supposedf to pay an average salaryof $98,0000 – welcome news to Taylor. “I t means a whole bunch of people will pay will pay taxes and will supporty theirlocal supermarkets,” he said.
“These are very high-wagee jobs that we didn’t have happening frequently inour S&B is a subsidiary of Foxconn International a subsidiary of a a Chinese computer and electronics giant based in Taiwan. If S&g creates the 150 jobs, it potentially could receive $850,000 in combinedd incentives fromthe county, city and the Broward and Sunrise each agreed to contributde $125,000, for a total of $250,000. The state would contribute anadditional $650,000 if it approve s the deal. S&B could not immediately be reachedfor comment.
The companhy stated on its grant applicatioj that it employs 51in Sunrise, Taylor but it’s not clear how many, if any, are employerd separately under the Foxconn brand. Both companiesz list their address at 1551 SawgrassCorporatwe Parkway. S&B/Foxconn is part of a growingh technology cluster in Sunrise thatincludes Scottsdale, Ariz.-base General Dynamics C4 Systems (NYSE: GD) and Canada-baseds Research in Motion (NASDAQ: The companies sprung up in Sunrisre in spring 2008 after laid off about 300 workerzs – mostly engineers working on next-generatio wireless technology – from its Plantation facility.
Wednesday, March 30, 2011
Monday, March 28, 2011
BEFORE THE BELL: US Stock Futures Higher; Gold, Oil Prices Drop - Wall Street Journal
valvookimakaj1362.blogspot.com
BEFORE THE BELL: US Stock Futures Higher; Gold, Oil Prices Drop Wall Street Journal US stock futures were pointing to a slightly higher start for Wall Street on Monday, with economic data on tap and crude prices in focus after Libyan rebels took control of key oil towns over the weekend. ... |
Saturday, March 26, 2011
Newmont must sell 17% stake in Indonesian mine - Denver Business Journal:
martaemimbzini.blogspot.com
The 17 percent interest is worth anestimateds $700 million, reported. Wednesday’ss ruling by an arbitration panel in Genevaz concerns PT NewmontNusa Tenggara, a subsidiaryu that operates the Batu Hijau mine on Indonesia’zs Sumbawa Island. The panel ruledx that Denver-based Newmont (NYSE: NEM) and partner must sell 17 percent of their interest in the either to the Indonesian governmentr or an entityit designates, within 180 days. But the arbitrators also ruledthat Newmont’s contract to operate the mine is stilk valid, despite a challenge by Indonesian authorities.
“We are currently reviewing the decision and look forwardc to outlining a path forward with the governmentf to implement thearbitratioh panel’s decision,” Richard O’Brien, Newmont’s president/CEO, said in a statemenf Wednesday. The ruling is part of one of severalp legal disputes between mining companies and the Indonesian government over mining operations in the southeasgAsian nation. Indonesia claims Newmonty missed deadlines specified in its contract to sell portions of its interes tothe government. Newmont claims it did offeer to sell part of its but the government declined tobuy it.
According to The Wall Streegt Journal, Newmont currently has a 45 percent stake in PT NewmonytNusa Tenggara, Sumitomo holds 35 percenr and PT Pukuafu Indah, a local Indonesian investor, has 20 Another 14 percent of Newmont and Sumitomo’a interest must be sold off within two years undee the original contract, which runs through 2030.
The 17 percent interest is worth anestimateds $700 million, reported. Wednesday’ss ruling by an arbitration panel in Genevaz concerns PT NewmontNusa Tenggara, a subsidiaryu that operates the Batu Hijau mine on Indonesia’zs Sumbawa Island. The panel ruledx that Denver-based Newmont (NYSE: NEM) and partner must sell 17 percent of their interest in the either to the Indonesian governmentr or an entityit designates, within 180 days. But the arbitrators also ruledthat Newmont’s contract to operate the mine is stilk valid, despite a challenge by Indonesian authorities.
“We are currently reviewing the decision and look forwardc to outlining a path forward with the governmentf to implement thearbitratioh panel’s decision,” Richard O’Brien, Newmont’s president/CEO, said in a statemenf Wednesday. The ruling is part of one of severalp legal disputes between mining companies and the Indonesian government over mining operations in the southeasgAsian nation. Indonesia claims Newmonty missed deadlines specified in its contract to sell portions of its interes tothe government. Newmont claims it did offeer to sell part of its but the government declined tobuy it.
According to The Wall Streegt Journal, Newmont currently has a 45 percent stake in PT NewmonytNusa Tenggara, Sumitomo holds 35 percenr and PT Pukuafu Indah, a local Indonesian investor, has 20 Another 14 percent of Newmont and Sumitomo’a interest must be sold off within two years undee the original contract, which runs through 2030.
Thursday, March 24, 2011
Pending home sales jump 6.7% in U.S., 32% in Northeast - Philadelphia Business Journal:
balamatovaegede.blogspot.com
Pending sales of existing or contracts signed butnot closed, rose 6.7 percentg in April, according to the . The biggesf increase in April was inthe Northeast, where pending saless jumped 32.6 percent from the previous month. The NAR's pending home salexs index is a forward looking and the group cautionsx that it is more volatild than actualclosed sales. "The relationship between contracts on pending home sales and closingss on existing home sales is takinh longer than in the past forseveral reasons," says NAR chiefg economist Lawrence Yun.
"Mortgage processing time has increased, it is takingb many months to close on thos homes requiring short sales withlendedr approval, and some sales are falling through at the last Still, Yun says he believews the housing market has already bottomed out in some The group last week reported closed sales of existinbg homes rose 2.9 percent in April. The NAR's housinh affordability index was also atits second-highest level on recorfd in April.
Pending sales of existing or contracts signed butnot closed, rose 6.7 percentg in April, according to the . The biggesf increase in April was inthe Northeast, where pending saless jumped 32.6 percent from the previous month. The NAR's pending home salexs index is a forward looking and the group cautionsx that it is more volatild than actualclosed sales. "The relationship between contracts on pending home sales and closingss on existing home sales is takinh longer than in the past forseveral reasons," says NAR chiefg economist Lawrence Yun.
"Mortgage processing time has increased, it is takingb many months to close on thos homes requiring short sales withlendedr approval, and some sales are falling through at the last Still, Yun says he believews the housing market has already bottomed out in some The group last week reported closed sales of existinbg homes rose 2.9 percent in April. The NAR's housinh affordability index was also atits second-highest level on recorfd in April.
Tuesday, March 22, 2011
Colorado stimulus board boosts minority-outreach effort - Business Courier of Cincinnati:
Friedrich SS10L10
Maranda Pleau, the small business coordinatorfor Greeley-bases general contractor , will join the Colorado Economi c Recovery and Accountability Board June 29, chairman Don Ellima n said during a board meetingf Thursday. Her job is to ensuree minority businesses are aware of contractd related to the stimulus Elliman said. Officials with the Coloradop Department of Transportation told the boardd they will recommend the agency review how it handlesd complaints about road and bridge contracts and the use ofthese minority- and woman-owned businesses. CDOT's move came aftere Hamon Contractors Inc.
in Denver raised concerne about a bridge repair project paid for with moneuy from the American Recoveryy andReinvestment Act. Hamon lost a bid Aprio 16 to rebuild two bridge s over Interstate 76 inAdams County. The lowest bid for the contracrt camefrom Centennial-based , whicbh bid $8 million for the project, nearly 15 perceny under CDOT’s estimate of $9.4 State contracts are typically awardecd to the lowest bidder.
But Hamon objectee to CDOT awarding the projectto Sema, saying Sema didn’ty make a "good-faith effort" to hire enough minoritty subcontractors, according to a June 3 letter from Mark director of the Governor’s Economic Recovery Team, to the accountabilith board. CDOT reviewed the complaint, and Sema’s efforts to get minorityu businesses involved in thebridge contract. The revie concluded Sema met the agency’s threshold for tryinh and CDOT formally awarded the project tothe company, CDOT executivd director Russ George said. But CDOT wantas to review how it handles futurs complaints about using disadvantaged businesses onstatwe contracts.
Celina Benavidez, director of administrationm for CDOT, told the accountability board she will recommenxdthe agency’s commissioners form a review committeew involving members of the agency, interes t groups, industry, the attorney general’s office, and federal transportation officials. How to gatherr input from minority businesses about their experiences with aprime contractor. At the meeting, Hamon attornet Seth Firmender thanked CDOT for being willing to revieqthe process. Helga Grunerud, executivre director of the Hispanic Contractorsof Colorado, also praisede CDOT’s move, saying, "We believe we’v e been heard.
"
Maranda Pleau, the small business coordinatorfor Greeley-bases general contractor , will join the Colorado Economi c Recovery and Accountability Board June 29, chairman Don Ellima n said during a board meetingf Thursday. Her job is to ensuree minority businesses are aware of contractd related to the stimulus Elliman said. Officials with the Coloradop Department of Transportation told the boardd they will recommend the agency review how it handlesd complaints about road and bridge contracts and the use ofthese minority- and woman-owned businesses. CDOT's move came aftere Hamon Contractors Inc.
in Denver raised concerne about a bridge repair project paid for with moneuy from the American Recoveryy andReinvestment Act. Hamon lost a bid Aprio 16 to rebuild two bridge s over Interstate 76 inAdams County. The lowest bid for the contracrt camefrom Centennial-based , whicbh bid $8 million for the project, nearly 15 perceny under CDOT’s estimate of $9.4 State contracts are typically awardecd to the lowest bidder.
But Hamon objectee to CDOT awarding the projectto Sema, saying Sema didn’ty make a "good-faith effort" to hire enough minoritty subcontractors, according to a June 3 letter from Mark director of the Governor’s Economic Recovery Team, to the accountabilith board. CDOT reviewed the complaint, and Sema’s efforts to get minorityu businesses involved in thebridge contract. The revie concluded Sema met the agency’s threshold for tryinh and CDOT formally awarded the project tothe company, CDOT executivd director Russ George said. But CDOT wantas to review how it handles futurs complaints about using disadvantaged businesses onstatwe contracts.
Celina Benavidez, director of administrationm for CDOT, told the accountability board she will recommenxdthe agency’s commissioners form a review committeew involving members of the agency, interes t groups, industry, the attorney general’s office, and federal transportation officials. How to gatherr input from minority businesses about their experiences with aprime contractor. At the meeting, Hamon attornet Seth Firmender thanked CDOT for being willing to revieqthe process. Helga Grunerud, executivre director of the Hispanic Contractorsof Colorado, also praisede CDOT’s move, saying, "We believe we’v e been heard.
"
Monday, March 21, 2011
Stanford prof who advised Google founders dies - San Francisco Business Times:
Amcor ALD12000E
Motwani founded the Mining Data at Stanforsdproject (MIDAS), which helpes develop innovative data management concepts. He is best known for advising Google founders Sergey Brin and Larry Page whil they were studying at Stanford and later as they foundedx the Mountain Viewsearch giant. on his blog: "Ovf all the faculty at Stanford, it is with Rajeev that I have stayed the closest and I will miss him Yet his legacy and personality lives on inthe students, and companies he has touched.
whenever you use a piecre of technology, there is a good chance a littl e bit of Rajeev Motwani isbehind : "For those of you who didn'g know Rajeev, you might get the impressioj that he was your typical Silicom Valley insider -- loud, brash, full of bravado. He was anythint but. Rajeev was soft spoken and gentle. He was self-confidentr but didn't feel the need to prove anything. He didn'tg speak to hear his own voice. And he didn't need to be the center of attention. Rajeev just wanted to be And he was. To so many of that was postedon YouTube, "Th entrepreneurs in Silicon Valley that he has influenced and helped and mentored is in the hundreds.
He shared my attitudre that the more entrepreneurs you can even if you only give them five godo it. He neverr refused a meeting with an entrepreneur that I suggestex he meet just to give them somequickk advice." A native of New Delhi, Motwani got his bachelor’sd degree in computer sciencse from IIT Kanpur in 1983 and his doctorate from the , Berkele y in 1988.
Motwani founded the Mining Data at Stanforsdproject (MIDAS), which helpes develop innovative data management concepts. He is best known for advising Google founders Sergey Brin and Larry Page whil they were studying at Stanford and later as they foundedx the Mountain Viewsearch giant. on his blog: "Ovf all the faculty at Stanford, it is with Rajeev that I have stayed the closest and I will miss him Yet his legacy and personality lives on inthe students, and companies he has touched.
whenever you use a piecre of technology, there is a good chance a littl e bit of Rajeev Motwani isbehind : "For those of you who didn'g know Rajeev, you might get the impressioj that he was your typical Silicom Valley insider -- loud, brash, full of bravado. He was anythint but. Rajeev was soft spoken and gentle. He was self-confidentr but didn't feel the need to prove anything. He didn'tg speak to hear his own voice. And he didn't need to be the center of attention. Rajeev just wanted to be And he was. To so many of that was postedon YouTube, "Th entrepreneurs in Silicon Valley that he has influenced and helped and mentored is in the hundreds.
He shared my attitudre that the more entrepreneurs you can even if you only give them five godo it. He neverr refused a meeting with an entrepreneur that I suggestex he meet just to give them somequickk advice." A native of New Delhi, Motwani got his bachelor’sd degree in computer sciencse from IIT Kanpur in 1983 and his doctorate from the , Berkele y in 1988.
Friday, March 18, 2011
Seattle Bank placed under stricter fed, state scrutiny - Houston Business Journal:
Air Purifiers Oklahoma City
At the same time, Seattle Bank is in formal talks for a privat equityinfusion — a boon that woulr help boost its capital said Ellen Sas, the bank’s president and chief executive. Many community banks across Washingtohn are searching for private equityg deals as they struggle amid the financial But none has been able to securrefunding yet. Sas couldn’t release detailes of the pending private equituy deal atSeattle Bank, but said it would requirde the bank to give up at leasyt two board seats. The bank is hoping to clos e the deal by the endof September. Sas said she’ss cautious about the outcomse because of theweakened economy.
“We’re running our busines s as if we’re not gettingv it,” she said. As part of its cease-and-desist Seattle Bank — formerly Seattle Savings Bank has to boost its capitakl levels within 120 The bank is alreadyconsidered “well-capitalized” by regulatorty standards, but “in this environment, the regulators are not comfortabl e with most banks’ capital levels,” Sas The privately-held bank also has to whittle down its level of brokerer deposits — a type of deposirt that is considered unstable by regulators becausse it was brokered by an outside meaning there’s a higher risk a custome r could move those deposits out of the Last year, about 85 percenr of Seattle Bank’s deposits were That number has since been reduced to 50 or about $310 said Sas.
Meanwhile, the bank has addex $234 million in retail deposits sincelast September. Seattlwe Bank is now the ninth Washington-based financial institution to come under stricter regulatory enforcement, signaling the continued downturnn of the financial industry across the state. The bank, with five is the third privately held institutiobn in Washington to receivea cease-and-desist order in the last Like other banks operating under similar orders, Seattle Bank must work to cleatr its balance sheet of problem loans and boost its capitakl levels to protect against furthetr defaults.
Because it is a privatd bank, the details of its agreemeny with regulators will not be formerly releasedx until laterthis summer, according to a compangy spokesman. Seattle Bank, with $775 million in assets, posted a $1.9 million loss in the firsy quarter, according to its most recent earningds report posted byfederal regulators. It charged-off $2.3 millioj on bad residential construction loans and postedc a provision against further lossesof $2.8 Seattle Bank’s announcement follows Lynnwood-based ’s disclosure last week that it is also operating under a cease-and-desisy order.
At the same time, Seattle Bank is in formal talks for a privat equityinfusion — a boon that woulr help boost its capital said Ellen Sas, the bank’s president and chief executive. Many community banks across Washingtohn are searching for private equityg deals as they struggle amid the financial But none has been able to securrefunding yet. Sas couldn’t release detailes of the pending private equituy deal atSeattle Bank, but said it would requirde the bank to give up at leasyt two board seats. The bank is hoping to clos e the deal by the endof September. Sas said she’ss cautious about the outcomse because of theweakened economy.
“We’re running our busines s as if we’re not gettingv it,” she said. As part of its cease-and-desist Seattle Bank — formerly Seattle Savings Bank has to boost its capitakl levels within 120 The bank is alreadyconsidered “well-capitalized” by regulatorty standards, but “in this environment, the regulators are not comfortabl e with most banks’ capital levels,” Sas The privately-held bank also has to whittle down its level of brokerer deposits — a type of deposirt that is considered unstable by regulators becausse it was brokered by an outside meaning there’s a higher risk a custome r could move those deposits out of the Last year, about 85 percenr of Seattle Bank’s deposits were That number has since been reduced to 50 or about $310 said Sas.
Meanwhile, the bank has addex $234 million in retail deposits sincelast September. Seattlwe Bank is now the ninth Washington-based financial institution to come under stricter regulatory enforcement, signaling the continued downturnn of the financial industry across the state. The bank, with five is the third privately held institutiobn in Washington to receivea cease-and-desist order in the last Like other banks operating under similar orders, Seattle Bank must work to cleatr its balance sheet of problem loans and boost its capitakl levels to protect against furthetr defaults.
Because it is a privatd bank, the details of its agreemeny with regulators will not be formerly releasedx until laterthis summer, according to a compangy spokesman. Seattle Bank, with $775 million in assets, posted a $1.9 million loss in the firsy quarter, according to its most recent earningds report posted byfederal regulators. It charged-off $2.3 millioj on bad residential construction loans and postedc a provision against further lossesof $2.8 Seattle Bank’s announcement follows Lynnwood-based ’s disclosure last week that it is also operating under a cease-and-desisy order.
Wednesday, March 16, 2011
Collins reacted 'on instinct' to crash - Business First of Buffalo:
Fedders A6U10W7A
The caller told Collins that an airplane had crashef into a home inClarencde Center, less than two milez from the Erie County executive’zs home. Within minutes, he was at the scende and almost immediately was bombardex with questions fromthe media, bystanders and emergency The way Collins handled the tragedy, observersz say, set the tone for the community in the days that followeds and, in the process, burnished his “You do some things just on instinct,” Collins “I knew I had a role to play to put the information out but also reassure the public.” The Continental Airlines crasj killed 50 people and thrust him into an internationaol media spotlight.
“Chris was steadfast. He was calm and he helpedd withthe situation,” said Kevin Hardwick, politicall science professor. “Chris was anything but a deer caughty inthe headlights. He was true to his charactert and performed just the way people expectedhim “Chris handled this just the right way,” said Sen. Charles Schumer. “It set the tone.” “He showef a lot of composure and compassion,” said Robert president of Ltd., an Amherst advertising and public relationse agency and former chairman of the Erie CounttyRepublican Party.
“With people like Chris Collinsor (former New York City Rudy Guiliani, you have that when it comes to leadershil skills during times of crisis or you Collins downplayed his role during the hours and days afterf the accident, saying, “This was a group effort and everyone who had a role to play in it did and did it It was he who strongly suggestef that information be released at a midnight press conference. “Theres was enough misinformation and speculation coming out that I felt we had tosay ‘enoughn is enough’ and here are the Collins said. Colleen DiPirro, president and CEO, said command of the situation was exactl whatwas needed.
“It showed that Chrizs was in control, which is what you want at a time like DiPirro said. “Chris didn’t grandstand. He did what needed to be done and empoweredx the other people to do what they felt needed tobe
The caller told Collins that an airplane had crashef into a home inClarencde Center, less than two milez from the Erie County executive’zs home. Within minutes, he was at the scende and almost immediately was bombardex with questions fromthe media, bystanders and emergency The way Collins handled the tragedy, observersz say, set the tone for the community in the days that followeds and, in the process, burnished his “You do some things just on instinct,” Collins “I knew I had a role to play to put the information out but also reassure the public.” The Continental Airlines crasj killed 50 people and thrust him into an internationaol media spotlight.
“Chris was steadfast. He was calm and he helpedd withthe situation,” said Kevin Hardwick, politicall science professor. “Chris was anything but a deer caughty inthe headlights. He was true to his charactert and performed just the way people expectedhim “Chris handled this just the right way,” said Sen. Charles Schumer. “It set the tone.” “He showef a lot of composure and compassion,” said Robert president of Ltd., an Amherst advertising and public relationse agency and former chairman of the Erie CounttyRepublican Party.
“With people like Chris Collinsor (former New York City Rudy Guiliani, you have that when it comes to leadershil skills during times of crisis or you Collins downplayed his role during the hours and days afterf the accident, saying, “This was a group effort and everyone who had a role to play in it did and did it It was he who strongly suggestef that information be released at a midnight press conference. “Theres was enough misinformation and speculation coming out that I felt we had tosay ‘enoughn is enough’ and here are the Collins said. Colleen DiPirro, president and CEO, said command of the situation was exactl whatwas needed.
“It showed that Chrizs was in control, which is what you want at a time like DiPirro said. “Chris didn’t grandstand. He did what needed to be done and empoweredx the other people to do what they felt needed tobe
Sunday, March 13, 2011
Reg. Semi - McDonald vs. Richmond Hts - My Valley Sports
http://androidapps.org.ua/androidintro_view_wiring.html
Reg. Semi - McDonald vs. Richmond Hts My Valley Sports Notes: McDonald had no problems in the Struthers District as the Devils won by an average of thirty-three points in their post-season games. The Blue Devils ran away from Wellsville in the District Championship, 85-53, to earn their second straight ... |
Friday, March 11, 2011
tertiary institutions to reopen - Stuff.co.nz
dyakonostrlin.blogspot.com
3News NZ | tertiary institutions to reopen Stuff.co.nz Many Christchurch tertiary students will head back to classes next week, with a number of institutions set to reopen on Monday. Lincoln University, 20km southwest of Christchurch, sustained little damage in the February 22 earthquake and will reopen ... Christchurch tertiary institutes reopening from next week Universities prepare to reopen in Chch |
Tuesday, March 8, 2011
W.L. Gore to hire engineering, production workers - Baltimore Business Journal:
guslyarovalite.blogspot.com
Newark, Del.-based Gore has abouf 2,000 workers in Arizona with operations in Flagstaff and the Deer Vallet areaof Phoenix. Gore spokeswoman Barbara Pizzala would not say how many workerz the companyis hiring, but said it is starting to accepy applications for a number of position including medical device engineering, manufacturing and Gore makes a myriad of products including industrialk and consumer fabrics, fiber optic and coppe cables, filtration systems, medical equipment and and components used by the pharmaceutical Gore’s medical device divisions develop and manufactures surgical, vascular and orthopedic equipment.
Pizzala said Gore already is hiringy for a few positions in Phoenix and will be rampin g up new hires but declined to givea W.L. Gore is known for its Gore-Tex fabric used for clothing and thenew fabric-based retractablee cover that was installed at centerf court for this year’s Wimbledon Tennis Championships in London. The company’s Deer Vallegy center is located near Interstated 17 and Carefree Highway innorth
Newark, Del.-based Gore has abouf 2,000 workers in Arizona with operations in Flagstaff and the Deer Vallet areaof Phoenix. Gore spokeswoman Barbara Pizzala would not say how many workerz the companyis hiring, but said it is starting to accepy applications for a number of position including medical device engineering, manufacturing and Gore makes a myriad of products including industrialk and consumer fabrics, fiber optic and coppe cables, filtration systems, medical equipment and and components used by the pharmaceutical Gore’s medical device divisions develop and manufactures surgical, vascular and orthopedic equipment.
Pizzala said Gore already is hiringy for a few positions in Phoenix and will be rampin g up new hires but declined to givea W.L. Gore is known for its Gore-Tex fabric used for clothing and thenew fabric-based retractablee cover that was installed at centerf court for this year’s Wimbledon Tennis Championships in London. The company’s Deer Vallegy center is located near Interstated 17 and Carefree Highway innorth
Sunday, March 6, 2011
Bauer Financial issues Q1 credit union ratings - Boston Business Journal:
http://www.seomoz.org/users/profile/293140?293140
The company uses federak regulatory data to rate credit unions based oncapitalo ratio, profit/loss trend, delinquent loans and other factors. Bauer's ratinv ranks from a high of 5 stars to a low of 0 Of the 10 largest South Florida credit unionswby assets, six maintained a five-star (superior) rating: IBM Southeast Employees Credit Union and Brightstar Credit Union held on to their four stars in the first quarter. They had been downgraded from five stares in thethird quarter. Priority One Credit Union in Sunrise fell from to threew stars from four stars in the first quarterwith 69.9 million in assets, 1.6 percenft of which were nonperforming.
, South Florida’s second-largest crediyt union with $738 million in assets, held on to its thre e stars in thefirst quarter. It was downgraded to threes stars (adequate) from four stares in the fourth quarter. The Pembroke Pines-basecd credit union counted 1.74 percent of its assets as First Choice in West Palm Beachg also hadthree stars. , the largestf in South Floridawith $1.62 billionj in assets, remained the only credit union in the state rated zero stars by The Miramar-based credit union counted 8.6 percentg of its assets as nonperforming. It was placed into conservatorshipp by Florida regulators on April 24 afterf heavy losses and the oustedits management.
Spacew Coast Credit Union has shown an in acquirinyEastern Financial.
The company uses federak regulatory data to rate credit unions based oncapitalo ratio, profit/loss trend, delinquent loans and other factors. Bauer's ratinv ranks from a high of 5 stars to a low of 0 Of the 10 largest South Florida credit unionswby assets, six maintained a five-star (superior) rating: IBM Southeast Employees Credit Union and Brightstar Credit Union held on to their four stars in the first quarter. They had been downgraded from five stares in thethird quarter. Priority One Credit Union in Sunrise fell from to threew stars from four stars in the first quarterwith 69.9 million in assets, 1.6 percenft of which were nonperforming.
, South Florida’s second-largest crediyt union with $738 million in assets, held on to its thre e stars in thefirst quarter. It was downgraded to threes stars (adequate) from four stares in the fourth quarter. The Pembroke Pines-basecd credit union counted 1.74 percent of its assets as First Choice in West Palm Beachg also hadthree stars. , the largestf in South Floridawith $1.62 billionj in assets, remained the only credit union in the state rated zero stars by The Miramar-based credit union counted 8.6 percentg of its assets as nonperforming. It was placed into conservatorshipp by Florida regulators on April 24 afterf heavy losses and the oustedits management.
Spacew Coast Credit Union has shown an in acquirinyEastern Financial.
Thursday, March 3, 2011
AmREIT makes restructuring moves - Houston Business Journal:
fusajacuxejilyp.blogspot.com
The restructuring moves, part of the company’se Vision 2010 strategic plan, will result in an expecter one-time charge of betweehn $2.4 million and $2.6 million to its fourth-quartert 2008 results, according to Houston-baseed AmREIT (AMEX: AMY). The company said it expects the together with other recentstructural changes, includingb staffing reductions, to save it between $4 million and $4.5 millioh annually in general and administrative “Both businesses, together with the continuecd and projected inability to generatse fee-producing transaction flow due to the current extremre economic crisis, created a drag on the portfolio’s earningds power throughout the year with no expectation of near-term improvement in today’s challenging market,” said Chad Braun, chieff financial officer.
The restructuring moves, part of the company’se Vision 2010 strategic plan, will result in an expecter one-time charge of betweehn $2.4 million and $2.6 million to its fourth-quartert 2008 results, according to Houston-baseed AmREIT (AMEX: AMY). The company said it expects the together with other recentstructural changes, includingb staffing reductions, to save it between $4 million and $4.5 millioh annually in general and administrative “Both businesses, together with the continuecd and projected inability to generatse fee-producing transaction flow due to the current extremre economic crisis, created a drag on the portfolio’s earningds power throughout the year with no expectation of near-term improvement in today’s challenging market,” said Chad Braun, chieff financial officer.
Tuesday, March 1, 2011
Diesel price deregulation to depend on inflation: Mitra - Economic Times
nadezhdaqedyxos.blogspot.com
Diesel price deregulation to depend on inflation: Mitra Economic Times NEW DELHI: The government on Tuesday said a decision to free diesel prices from government control will depend on the inflation situation. "We had announced last year that the decision would be taken at an appropriate time to deregulate diesel, ... |
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